I want to know the terms and conditions of marine insurance and fire insurance.
Please give the link of site where the information is available if possible.
SPAM AND WRONG ANSWERS WILL BE REPORTED.
Answers
https://www.gicouncil.in/insurance-education/types-of-insurance/marine/
hope it's help you
Answer:
MARINE INSURANCE POLICY
The fundamental principles of Marine Insurance are drawn from the Marine Insurance Act, 1963* As in all contracts of insurance on property, the contract of Marine Insurance is based on the fundamental principles of Indemnity, Insurable Interest, Utmost Good Faith, Proximate Cause, Subrogation and Contribution. Practitioners of Marine Insurance must familiarize themselves with the Act and uphold these Principles when negotiating Contracts and settling claims under the contract.
Fire Insurance in India: Types, Coverage, Claim
A fire has the potential to destroy a property or a business, leading to losses of great scale. To get compensated for such losses, you can opt for fire insurance, covering your movable and immovable property. The property that you want to insure could be residential, commercial or industrial.